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Stay flat on EURUSD for now

Stay flat on EURUSD for now

2010-03-26 14:39:00
David Rodriguez, Head of Business Development
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All the stars were aligned for a EURUSD short yesterday, and I initially saw over 100 points of profit, but markets have since reversed and I got stopped out of my short position. I've been pretty bearish EUR all along and the break of the lows seemed like sign that a test of 1.3000 was likely. Of course markets had other things in mind and stopped me out, and I have little choice but to stick to the sidelines for a bit. Follow the Real Time newsfeed for more up to the minute updates.

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